Shanghai Handling Record Leads Chinese Container Surge, Though Rate Is Slowing — Panjiva
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Shanghai Handling Record Leads Chinese Container Surge, Though Rate Is Slowing

China 3048 Corp - Ports 909 Mode - Containerized 1524 Mode - Seaborne 1845

Container handling through China’s mainland ports continued the more-than-five year (excluding holiday timing) growth streak after expanding 8% in November vs. a year earlier. That’s being driven by the strength of Chinese trade, though the growth rate was the slowest since January this year. Shanghai was the fastest growing top 10 port with an 11% rise to reach a new record of 3.55 million TEUs. That expansion may slow, however, due to congestion levels leading Maersk (and likely others) to suspend two of their services. Tianjin was the only major port to see a downturn with a 6% declin...

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